China


Markets

Huobi Appears to Have Suspended Mainland China for New User Registration

The move came after China announced tougher measures on crypto trading.

Huobi OTC

Markets

Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated

Cryptocurrency trading has calmed, but analysts expect further volatility.

Bitcoin 24-hour chart (CoinDesk)

Videos

Bitcoin Trending Lower in Lieu of China’s Crypto Crackdown

Bitcoin registered a series of lower price highs Friday, at one point shaving off $4,000 and meeting resistance at $41,000 following China’s renewed anti-crypto stance. The People’s Bank of China said bitcoin, ether and stablecoin tether do not qualify as legal tender and cannot be used in the currency market.

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Videos

Crypto Markets Jolted by China Central Bank’s Crypto Ban

The crypto markets continue to slide following China's declaration of cryptocurrency-related businesses as illegal. CoinDesk's Christie Harkin and Brad Keoun discuss the potential market impact China could have in the short-term, expanding on why this latest crypto ban could be its most severe to date. Plus, their takes on Tuesday's Evergrande scare, JPMorgan's CME trading analysis, takeaways from the Mainnet conference, and Twitter's crypto developments.

Recent Videos

Videos

What's Next for Crypto Markets Following China's Crypto Crackdown

CoinDesk Tech Managing Editor Christie Harkin discusses where the crypto markets could be headed next week as China tightens its crypto mining crackdowns and bans trading. Plus, CoinDesk's Markets Managing Editor Brad Keoun discusses his markets outlook since Federal Reserve Chair Jerome Powell signaled tapering could happen at the Fed's next meeting in November.

Recent Videos

Policy

China’s Latest Crypto Ban Is Its Most Severe, Insiders Say

Individuals who live inside China but work for off-shore crypto exchanges can be subject to legal prosecution.

People's Bank of China (Emmanuel Wong/Getty Images)

Videos

Why China’s Crypto Crackdown Is ‘Not the End of Bitcoin At All’

The People’s Bank of China announced Friday virtual currency-related business activities are illegal, warning they seriously endanger the safety of its citizens’ assets. Bitcoin slipped below $42,000 after the news and is down about 3% over the past 24 hours.

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Markets

Bitcoin Trending Lower on China Crackdown, Support at $36K-$40K

BTC registered a series of lower price highs this month as buyers take profits.

Bitcoin daily price chart (CoinDesk, TradingView)

Policy

China Tightens Crypto Mining Crackdown, Bans Trading

The country’s top regulators are not done with crypto.

People's Bank of China